TAMAN MERDEKA

Area Intelligence

2021

Median Price

RM 245,000

PSF: RM 159

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Residential PSF Trends

Median Price

RM 245,000

PSF: RM 159

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, sized between 1,000 and 2,000 sqft, with a median price of RM 245K and a median price per square foot (PSF) of RM 159.

This area contains both residential and commercial properties. View 74 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 245K, with most transactions falling within a stable range of RM 180K to RM 325K, and a typical market range of RM 191K to RM 299K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 159, with core pricing between RM 140 and RM 178. Market pricing typically extends from RM 120.17 to RM 198.17, reflecting moderate variation in unit pricing. With an IQR of RM 78.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERDEKA, Melaka Tengah, Melaka

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Property Transactions

5 transactions grouped by size

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All Years 2025 2024 2023 2022 2021

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Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	PSF	Size	Date	Type

1,550 sqft

Single Storey Terraced

1,550 sqft

Single Storey Terraced

RM 263,000

JALAN MERANTI 4/2

1,539 sqft · RM 171 PSF

Nov 2021

RM 250,000

JALAN TMERANTI 4

1,539 sqft · RM 162 PSF

Oct 2021

RM 180,000

JALAN PEGAGA 1

1,539 sqft · RM 117 PSF

Aug 2021

RM 240,000

JALAN TEMBUSU 10

1,539 sqft · RM 156 PSF

Jul 2021

JALAN MERANTI 4/2	RM 263,000	RM 171	1,539 sqft	Nov 2021
JALAN TMERANTI 4	RM 250,000	RM 162	1,539 sqft	Oct 2021
JALAN PEGAGA 1	RM 180,000	RM 117	1,539 sqft	Aug 2021
JALAN TEMBUSU 10	RM 240,000	RM 156	1,539 sqft	Jul 2021